New Jersey Real Estate Broker License
Requirements, fees, and steps to upgrade to broker
Experience Requirements
Continuously licensed and employed full-time as a NJ real estate salesperson for 3 years immediately preceding application
Alternative Pathways:
- Disabled US veterans who are NJ citizens may qualify for an experience waiver
Must submit a completed experience report verifying employment history. Exact full-time weekly hours are set by NJREC and are not certified here.
Education Requirements
Complete 150 hours of pre-licensing education covering real estate fundamentals, ethics, agency relationships, and brokerage operations.
Required Courses:
- 90-hour General Real Estate Course (principles and practices)
- 30-hour Agency/Ethics Course
- 30-hour Office Management and Related Topics Course
Must have high school diploma or equivalent.
Broker Examination
Exam Name
New Jersey Real Estate Broker Examination
Provider
PSI
Format
115 scored questions worth 120 points plus pretest questions, 4 hours; national and state content combined
Passing Score
Combined 84 points (70%)
Exam Fee
$45
Retake Policy
Must pass the exam and request license issuance within one year of completing prelicensure education
Fees
| Application Fee | $295 |
| Examination Fee | $45 |
| Background Check | $66.05 |
| Listed Fees | $406.05 |
Listed fees: application $295 (license $270 + $25 experience-report approval) + exam $45 + fingerprinting $66.05 = $406.05. Excludes pre-licensing course costs, so this is not a complete startup cost.
Required for all applicants to verify good character, trustworthiness, honesty, and integrity. Live NJ fingerprint instructions still carry June 2019 pricing.
Timeline
Gain Experience
Complete 3 years as full-time licensed NJ salesperson
3+ years
Complete Pre-Licensing Education
Complete 150 hours of approved broker courses
8-16 weeks
Submit Experience Report
Submit the experience report for the $25 approval
1-2 weeks
Pass Broker Exam
Pass the broker exam and request issuance within one year of completing prelicensure education
1-2 weeks
Complete Background Check
Submit fingerprints through IdentoGO after passing the exam
1-2 weeks
Submit Application
Apply for broker license through NJREC
2-4 weeks
License Renewal
Renewal Cycle
Every 2 years
Renewal Fee
$200
CE Hours Required
12 hours
Online Renewal
Available
12 CE hours every 2 years, six of them core (two ethics, one fair housing/NJLAD, one agency). Current CE deadline is April 30, 2027 and the renewal deadline is June 30, 2027. A $200 fee applies to CE completed late.
Reciprocity Agreements
New Jersey does not offer reciprocity; out-of-state licensees must meet all New Jersey requirements. Individual experience waivers are distinct from reciprocity.
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